Time Warner and Viacom Reach Agreement at Last Minute
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Time Warner and Viacom Reach Agreement at Last Minute
Cable providers and the network have agreed to terms of a contract that will keep as many as 19 cable networks on the air
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(January 02, 2009)—Time Warner Cable Inc. and Viacom, Inc., reported early Thursday the two had reached an agreement and several cable TV networks would continue to be available without interruption.

The issue was about carriage fees - fees charged by cable companies to rebroadcast cable network signals.

There were 19 Viacom channels that stood the chance of being dropped from cable networks had the agreement not been reached by midnight Jan. 1. Those included MTV, Comedy Central, several Nickelodeon channels as well as others.

Had the agreement not been reached, as many as 15.7 million cable TV subscribers would have been affected.

The negotiators agreed to extend the deadline by one hour last night and very shortly after announced they had reached a contract, the details of which have not yet been made public.



Latest Comments

Posted by: KDF Location: Waco on Jan 4, 2009 at 03:57 PM

TW is not the grandest of companies. As I look back at my bills, most rates keep going up and I have no person to talk to that will help me. Sad. <><
[ Report Abuse ]
Posted by: shannon Location: waco on Jan 4, 2009 at 03:06 PM

Viacom has alot of nerve forcing this raise in prices right now.People are losing their jobs or are fearful of losing jobs. SHAME ON VIACOM!!!!!!!!!!!!!
[ Report Abuse ]
Posted by: Someone Location: Near-Here on Jan 3, 2009 at 11:30 AM

Time Warner's service is steadily getting worse!! Hasn't been worth watching the last several days, and I've had problems for close to two years now, And they can 'not' get it fixed!!!???????? And it's going to get worse(between now and Feb.17th!!)
[ Report Abuse ]
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